HK Airport Authority Interim Profits Top HK$1bn
The Hong Kong Airport Authority has announced revenue of nearly HK$4.2 billion
(US$540 million) for the six months ended September 30, up 10.1% from the corresponding
period last year. Profits for the period reached nearly HK$1.14 billion, up 14.4%.
Total passenger throughput grew 7.1% to 24.3 million, cargo volume grew 5.8%
to 1.88 million tonnes, and air-traffic movements rose 6% to 149,030. "After a lacklustre first quarter, we saw solid increases in cargo throughput
from April to September. Strong and sustained economic growth on the Mainland
and in Hong Kong generated demand for aviation services," Airport Authority
Chief Executive Officer Stanley Hui announced. The airport will soon serve more than 50 million passengers a year, with continued
steady growth in passenger volumes, Hui claimed, adding that Terminal 2's passenger
throughput is on target. Airport Authority Finance Director, Raymond Lai explained that the authority had translated
robust air traffic flows into solid revenue and profit growth through prudent
financial discipline. .
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